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ETSY

Etsy, Inc.

ETSY

NYSE·Consumer Cyclical·Specialty Retail·Mkt cap $7.3B

$76.51

-6.73%

P/E

34.00

Mkt Cap

$7.3B

52-Wk Range

$44.00–$87.97

52-Week Range

$44.00 - $87.97

P/E

34.00

Fwd P/E

23.22

Beta

1.81

Div Yield

0.00%

Avg Vol

3.0M

Shares Out

94.9M

Mkt Cap

$7.3B

Price action

Price chart

Up 31.5% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Strong network effects with millions of unique sellers and buyers
  • Iconic brand with high customer loyalty and trust in artisan communities
  • Diversified revenue streams beyond marketplace fees
  • Vertically integrated ecosystem with owned platforms like Depop

Bear Case

2 risks

  • Above-average volatility (beta 1.8).
  • Premium valuation to Specialty Retail peers

Growth

Stable outlook

Expansion of advertising services and seller monetization tools

Value

Premium valuation to Specialty Retail peers

Momentum

Strong

+11.2% over 3m

Quality

Excellent

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 4, 2026

Q3 26 RECAP

AUG 5, 2026

Reported EPS of $0.98 vs $0.75 consensus (+31.2% surprise). Revenue of $668.3M vs $646.1M expected (+3.4%). Beat on both top and bottom lines.

EPS beat +31.2%
Rev beat +3.4%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+31.2%

Revenue trend · last 8Q

+4%

+2%

+3%

+3%

-1%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$662.4M

$852.2M

$612.2M

$672.7M

$678.0M

$881.6M

$631.3M

$668.3M

Margins · last 8Q

Gross

72.4%

Operating

18.7%

Profit

23.3%

Wall Street consensus

20 analysts · 55% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

11

55%

Hold

8

40%

Sell

1

5%

Median Price Target

Latest: Bank of America · Aug 20, 2026

vs Industry

How ETSY stacks vs Specialty Retail

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.